Global Clinical Communication Software Market, By Type (Cloud Based, Web Based), Application (Clinical Laboratories, Hospitals, Physicians, Large Enterprises, SMEs) – Industry Trends and Forecast to 2029.
Clinical Communication Software Market Analysis and Size
Clinical communication software and collaboration platforms are critical for improving the workflow of doctors, nurses, and other healthcare professionals through the use of a desktop or smartphone application. CC&C platforms evolved from secure messaging solutions that focused on HIPAA-compliant texting.
Data Bridge Market Research analyses that the clinical communication software market which was USD 1.5 billion in 2021, is expected to reach USD 3.58 billion by 2029, at a CAGR of 11.50% during the forecast period 2022 to 2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
Clinical Communication Software Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014 - 2019)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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Type (Cloud Based, Web Based), Application (Clinical Laboratories, Hospitals, Physicians, Large Enterprises, SMEs)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
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Market Players Covered
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Ascend Performance Materials (China), Telmediq Inc. (Canada), Halo Health Systems (U.S.), Vocera Communications (U.S.), Jive Software (U.S.), TigerConnect (U.S.), Hill-Rom Holdings, Inc. (U.S.), PerfectServe, Inc. (U.S.), Axero Solutions (U.S.), Carestream Health (U.S.), PerfectServe, Inc. (U.S.), Imprivata, Inc. (U.S.), Vocera Communications (U.S.), Intelligent Business Communication (U.S.), Cisco Systems, Inc. (U.S.), Microsoft (U.S.), Everbridge (U.S.), Uniphy Health (U.S.), UDG Healthcare (Ireland), Ascom Holding AG (Switzerland), Spok Inc (U.S.)
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Market Opportunities
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Market Definition
Clinical communication software is a type of technology that secures messaging tools that are integrated with clinical networks, such as call centres, corporate directories, testing labs, alarming middleware, electronic medical records (EMR), hospital phones, nurse call systems, and on-call schedules. These are secure messaging solutions that integrate with clinical systems to improve workflow for physicians, nurses, and other members of the care team via a smartphone or desktop application.
Global Clinical Communication Software Market Dynamics
Drivers
- Growing healthcare infrastructure
Rising demand among healthcare providers for cross-functional collaborative platforms that use an internet-based interface or various mobile devices to achieve flexible communications anywhere, at any time will drive growth regional markets. Furthermore, incorporating big data analytics is expected to boost the clinical communication software market.
- Rising usage of clinical communication
A clinical communication and collaboration platform will also integrate with clinical scheduling solutions to share who is on call and a clinician's availability, nurse call to improve patient response times, call centre, and hospital phones in real time. A clinical communication and collaboration platform's enhanced workflow capabilities are known to improve communication between physicians and nurses, provide insight and improved response times for SEPSIS or STEMI activation, the coordination of admissions and discharges, and trauma alerts. These are the certain factors which propel the growth of the market.
Opportunities
- Government initiatives are fostering the growth of the market
The market participants are undertaking a variety of initiatives in order to secure funds from the industry's other powerful entities. For instance, Tebra, raised US$ 72 million in July 2022 to scale its operating system for independent practises. It was valued at more than a billion dollars. Tebra was formed in November through the merger of PatientPop, a provider of healthcare marketing and practise management software, and Kareo, a seller of cloud-based clinical and financial software.
Restraints/Challenges
- High implementation cost
High adoption and implementation costs, as well as revenue loss due to temporary loss of productivity, are expected to hamper market growth. Concerns about privacy and security, as well as a shortage of technical professionals, are expected to pose challenges to the clinical communication software market during the forecast period of 2022-2029.
This clinical communication software market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the clinical communication software market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Recent developments
- In June 2021, Mobile Heartbeat announced the launch of Banyan TM, a cloud-based communication system for healthcare providers. The new platform, built on Microsoft Azure, will include a suite of modular applications designed for use across the entire healthcare enterprise, including ambulatory and hospital settings.
Global Clinical Communication Software Market Scope
The clinical communication software market is segmented on the basis of type and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Cloud Based
- Web Based
Application
- Clinical Laboratories
- Hospitals
- Physicians
- Large Enterprises
- SMEs
Clinical Communication Software Market Regional Analysis/Insights
The clinical communication software market is analysed and market size insights and trends are provided by country, type and application as referenced above.
The countries covered in the clinical communication software market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the clinical communication software market because of the quick adoption of advanced technologies and rise in healthcare spending in the U.S.
Asia-Pacific is expected to grow at the highest growth rate in the forecast period of 2022 to 2029 owing to the surge in the number of patients using telemedicine platforms and applications in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure Growth Installed base and New Technology Penetration
The clinical communication software market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for clinical communication software market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the clinical communication software market. The data is available for historic period 2010-2020.
Competitive Landscape and Clinical Communication Software Market Share Analysis
The clinical communication software market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to clinical communication software market.
Some of the major players operating in the clinical communication software market are:
- Ascend Performance Materials (China)
- Telmediq Inc. (Canada)
- Halo Health Systems (U.S.)
- Vocera Communications (U.S.)
- Jive Software (U.S.)
- TigerConnect (U.S.)
- Hill-Rom Holdings, Inc. (U.S.)
- PerfectServe, Inc. (U.S.)
- Axero Solutions (U.S.)
- Carestream Health (U.S.)
- PerfectServe, Inc. (U.S.)
- Imprivata, Inc. (U.S.)
- Vocera Communications (U.S.)
- Intelligent Business Communication (U.S.)
- Cisco Systems, Inc. (U.S.)
- Microsoft (U.S.)
- Everbridge (U.S.)
- Uniphy Health (U.S.)
- UDG Healthcare (Ireland)
- Ascom Holding AG (Switzerland)
- Spok Inc (U.S.)
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